RBC Capital analyst Ben Hendrix maintained a Hold rating on SelectQuote (SLQT – Research Report) today and set a price target of $3.00. The company’s shares opened today at $1.52.
According to TipRanks, Hendrix is an analyst with an average return of -7.5% and a 37.09% success rate. Hendrix covers the Healthcare sector, focusing on stocks such as Community Health, HCA Healthcare, and Encompass Health.
Currently, the analyst consensus on SelectQuote is a Hold with an average price target of $2.38.
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The company has a one-year high of $2.94 and a one-year low of $0.52. Currently, SelectQuote has an average volume of 754.1K.
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of SLQT in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
SelectQuote (SLQT) Company Description:
SelectQuote Inc is a Direct-to-consumer (DTC) distribution platform which facilitates consumers to shop for health, life and auto & home insurance policies online. The company generates its revenues by selling insurance products on behalf of the insurance carrier partners in the form of commission. It functions through three lines namely, SelectQuote Senior, SelectQuote Life, and SelectQoute Auto & Home.
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